If Planned Aggregate Expenditure in an Economy Can Be Written

question 70

Multiple Choice

If planned aggregate expenditure in an economy can be written as:
PAE = 10,000 + 0.45Y,what is the income-expenditure multiplier in this economy?

• A) 0.25.
• B) 0.75.
• C) 1.33.
• D) 1.82.
• E) 5.00.

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Premium

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Personality

An individual’s characteristic patterns of thought, emotion, and behavior, together with the psychological mechanisms behind those patterns.

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Recurring behaviors or attributes that are typical of a person, group, or process.

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